Final Notes: A Year in Review

I moved to New York just over a year ago to join the inaugural Andre Koo Tech MBA class of 2019. Now, with graduation just three short weeks away, I’d like to write some final thoughts about the first year of this innovative program. If you’ll be joining the next class, have only started your application, or are just exploring your MBA options, I hope these notes are helpful:

Plan Your Specializations

Stern offers over two dozen specializations and the Tech MBA degree naturally lines up with two: Product Management and Entrepreneurship & Innovation. While these specializations satisfy most students that attend Stern’s Tech MBA program, you may want to take advantage of the school’s world-renowned finance faculty and tack on a Finance or FinTech specialization to your degree instead. If so, remember that you’ll likely need to take an extra class or two by taking advantage of the free credit overload policy, and you will also need to plan your fall and spring semester schedules more carefully. While the degree is already “specialized” in tech as a whole, these additional specializations add signaling power to your resume that demonstrate your knowledge in specific disciplines.

Understand the Tech Recruiting Cycle

During the first (summer) semester, there aren’t very many students on campus. Undergraduates are on their summer vacations, incoming MBA2s are working hard at their internships, and MBA1s are still packing their bags to move to New York. It’s a quiet time for job hunting and recruiting. However, when the fall semester begins, everything changes. Part of that change involves the exhilarating, but competitive, recruiting cycle. MBA2s are recruiting for full-time positions, MBA1s are recruiting for internships, and some Tech MBAs students are still figuring out what they want to do. Believe it or not, just three months in, it’s time to recruit for a full-time job.

Many large tech firms, like Amazon and Microsoft, recruit in the fall. Larger companies have defined MBA recruiting cycles and will be on campus early. However, these tech firms are in the minority. Most tech recruiting takes place in the spring, so don’t fret if you don’t land a full-time job in the fall – there just aren’t that many.

Prep for Interviews with Classmates

After you go through a few rounds of interviews, you’ll realize that the people who conduct first-round interviews are no different than you or I. That being the case, your fellow students provide great interview practice. Before, during, and even after recruiting is complete, you should be working with your classmates to nail down solid answers to common questions, practicing product management cases, and soliciting resume and cover letter feedback. If you’re wondering why you would still want to be doing this after you’ve finished recruiting, it’s to help your other classmates who may still be hunting.

Negotiate Your Start Date

Once you do receive a full-time job offer, don’t be afraid to ask for a later (or earlier) start date. It may be very beneficial to take some time to recharge between school and work. This will allow you to walk in on your first day ready to tackle the new challenges that await you. New employers would prefer that you bring your best self to work, not your burnt-out self. Completing an MBA in 12 months is no small task and giving yourself time to reflect between the degree and your new career will be essential for long-term success.

Time Flies

I know it’s cliché, but the year really does go by in a blink of an eye. Make sure you take full advantage of being a student again. There are discounted student tickets flying around, events in the city that would conflict with a traditional 9 to 5 job, and an energy at NYU that embraces learning, failure, and everything in between.

If you’ve made the plunge and are attending Stern or any other MBA program, remember how privileged you are to be in an environment that fosters learning and is focused on helping you grow. Then, make the most of it!

But wait, there’s more! Other NYU Grad Schools

On March 28, NYU hosted their fourth annual “One Day” fundraising campaign. The University collectively raised over 4,000 matched gifts and the MBA class of 2019 made dozens of contributions to their annual class gift. As a student that has benefited remarkably from NYU’s Tech MBA program with a shiny new job offer, I felt compelled to give back. While I was determining how my gift would be spent, I was reminded of the sheer size of NYU and the academic resources available outside of Stern. Between recruiting, club events, and classes, it’s easy to simply stay inside of the business school and maintain a packed schedule. However, NYU is much more than just Stern, and I want to highlight some classes and opportunities available outside of the business school in this blog post.

There are a couple of core technology classes that are required as part of the Tech MBA program: Foundations of Networks and DevOps & Agile Methodologies. These two classes are graduate level computer science courses taught at the Courant Institute of Mathematical Sciences. If you’re not already familiar with Courant, I highly recommend making a quick Google search to learn about the high-caliber faculty that make it such a competitive graduate school for applied math, computer science, and information systems. If you’re joining the Tech MBA program with a lighter technical background, these classes will be challenging. Nevertheless, the full-time and adjunct faculty at Courant understand they are teaching a variety of skill sets among business students and your more technical classmates will be invaluable throughout the year.

Stern also offers a credit overload program. The credit overload policy at Stern allows full-time MBA students to take up to 3 additional credits. This can be completed as one 3-credit class in one semester or split over the fall and spring semester with two 1.5-credit classes. If you take full advantage of the credit overload system, you will graduate with a total of 54 credits, just 6 credits shy of a two-year MBA from Stern. This is an incredible value considering the Tech MBA takes only 12 months to complete.

These additional credits allow you to take various elective classes, and some are offered outside of Stern. I have taken advantage of this and will be venturing down to the NYU School of Law during my final semester. The class is called, “Negotiating Complex Transactions with Lawyers and Business Professionals” and is comprised of both law and business students. Combining the two sets of students from the different graduate schools offers new learning opportunities, debates, and conversations to take place, in addition to new networking opportunities.

In addition to classes outside of Stern, there is a university-wide event calendar that posts concerts, lectures, exhibits, games, and more happening on or around campus. I hope that if you attend NYU, you make the most out of your time by exploring everything that the greater university has to offer.

5 Ways for Tech MBAs to Meet Other MBAs at Stern

If you’re admitted and decide to join Stern’s Tech MBA cohort, you should be careful not to only focus on mingling with your close classmates. Instead, find ways to reach out to the broader MBA community. While I’m not disregarding the importance of developing sustainable relationships within the Tech MBA class, the nature of the program will offer plenty of opportunities to do so by default. That being the case, here are five ways that I’ve made the most out of the Stern community by networking with other students in the various MBA programs. Remember, Stern has several other MBA programs including but not limited to the full-time program, fashion and luxury specialized program, part-time evening classes, and dual degree students.

1. General Interest Clubs

Most clubs are open to any MBA students and if there is a common interest, you can bet there is a club created for it. There are even a few leadership opportunities for Tech MBA students specifically in some of the technology-oriented clubs. Here is a list of all of the clubs that Stern has to offer.

2. Case Competitions

Several case competitions will float through your email inbox throughout your year at Stern. Case competitions are a great way to put your new business school knowledge to work while collaborating with other students at Stern. Most competitions even have a pretty substantial monetary reward! If you’re not familiar with case competitions, check out this Poets & Quants article on them.

3. Alumni Networking Events

Before mentioning alumni events, I feel as though I should mention is this first: don’t target recruiting events strictly as a way to network with your classmates. Recruiting events are designed to help students learn about companies, not students. Similarly, the pressure and competitive mindset of certain industries may make recruiting events high-stakes and stressful for attendees. On the contrary, alumni events are set up specifically for networking and meeting current and former students. Most alumni who come to these events have open arms and ears and are looking forward to meeting you. You can see a list of upcoming alumni events here.

4. Elective Classes

When the fall semester rolls around, Tech MBA students are viewed as second-year MBA students from a registration perspective. That means your classmates in electives will be composed of students from the full-time program who have known each other for at least a year. Make an effort to form class groups with students outside of your Tech MBA cohort and sit next to people you haven’t met yet. Here is a full list of elective classes.

5. Happy Hours & Social Events

Finally, the obvious one. Happy hours and social outings are often held at the end of the week, which happens to be Thursday in business school. Even if you don’t drink alcohol, your classmates will happily welcome you to these events. One of the most notable events is Beer Blast, which takes place every Thursday night, often following another great event called Stern Speaks. These events attract students from every program and are a great way to connect after a long week of classes.

I hope these five ideas help you make the most out of your year at Stern. It will fly by, so make sure to take advantage of as much as you can while you’re here!

Your Top 5 Tech MBA Questions Answered

Every week I have the opportunity to speak with prospective applicants about the Tech MBA program. Here are the top five questions that people ask:

1. How “Tech” do I need to be to complete this program?

I’m not a developer and don’t have an engineering background. My background has varied extensively. I’ve worked on teams with engineers, marketers, designers, and entrepreneurs in tech and non-tech companies. Ideally, you have a passion for technology and industry experience is a plus.

You will be required to learn basic Python as part of your early coursework and would be much better off if you spend some time to learn it on your own before joining your classmates on campus. There are several free resources to do so, my favorite is Codecademy. If you do arrive on campus without knowing Python, expect to spend some evening and weekends figuring it out – it’s not the end of the world, but I’d rather be out with friends on a rooftop in Brooklyn on a summer evening. If learning Python on your own time sounds daunting to you, the two-year MBA may be a better option.

Keep in mind, your application is reviewed holistically by the admissions committee and they will be able to determine if your technical prowess aligns with the Tech MBA class profile.

2. What is “tech” about the Tech MBA?

The Tech MBA is first and foremost an MBA. In essence, it is an accelerated business degree with a focus in technology. The degree contains a tech core that was designed with the Department of Computer Science at NYU’s Courant Institute of Mathematical Sciences and features technical classes that will teach you about networks, DevOps, and software engineering at a high level. On the business side, you will learn about technical product management and skills such as leveraging big data and business analytics. The tech classes don’t exist to teach you specific skills and technologies, but instead teach you how to think about technology, how it will change over time, how to harness it, and how to speak the language. Apart from that, we also partake in traditional business courses ranging from leadership to corporate finance and economics.

3. What is the recruiting process like when you’re finding a job?

I should start by saying that as a Tech MBA student, you can recruit for the exact same roles as the traditional two-year students. You will be in the same corporate presentations, application pools, and networking events. That being the case, your status as a Tech MBA student will resonate differently with different firms. I have interviewed with tech companies and “Big 4” consulting firms and based on the response of my interviewers, the Tech MBA has only made my candidacy stronger. It’s a great talking point and shows that you are serious about your interests and know your strengths. Many firms are seeking more technical candidates and view the Tech MBA as a key option to source top talent. Some industries and firms strongly prefer a two-year MBA, especially in finance, so make sure your career goals align with your MBA journey. Remember, companies are seeking qualified MBAs with a strong business acumen and EQ – that’s ultimately why they come to Stern.

4. Why did you pick the Tech MBA over the traditional two-year program?

As you may have read above, I have a passion for tech and knew that I wanted to work for a large tech company. Based on my goals, the Tech MBA was the best option for me and offered a really efficient way to get a top-ranked MBA in a shorter amount of time. Many of my colleagues in the two-year program are pivoting their careers – they may be changing industries entirely, exploring all of their options, or just taking the additional time to take electives and figure out what is best for them. I also have always been a “Type A” person and appreciated an efficient option to achieve my goals.

5. What do I lose by not completing an internship as part of my MBA?

I consider internships an opportunity to “test drive” a specific company or role, specifically by experiencing something that you’ve never done before. Many of the two-year MBA summer interns receive full-time offers to return upon graduation, however, many students also restart the recruiting process entirely. There are a handful of jobs that require a summer internship prior to receiving full-time offers, so do your research and reflect if an internship is something from which you would benefit. As a part of the Tech MBA curriculum, you will take an experiential learning course called, “Stern Solutions” during the fall semester. You will have the opportunity to work with a company for the duration of the semester and many of my classmates have seen this as a minor internship role. Some other classmates also intern with companies during the fall or spring semester if they have the time. Once you decide how important completing an internship is for you as part of your own MBA experience, it will help you narrow down your application choices. For me and my classmates in the Tech MBA, not completing an internship during our program has never been an issue.

I hope these questions and answers were useful! Please feel free to reach out to me and the other graduate ambassadors for Stern’s MBA programs at mbaga@stern.nyu.edu.

Pumpkin spice and a new iPhone? It must be the fall semester!

We returned to campus after a two-week break and it’s clear that Stern has a renewed sense of energy. Over the summer, the students on campus were limited to the one-year focused MBAs, which consisted of my Tech MBA colleagues and the Fashion and Luxury MBA cohort. While we spent most days in class or doing homework, we became close with the other focused program students and managed to fit in plenty of socializing between courses. As the fall rolled around, the campus began bustling. However, it’s cooling down outside and commuting in the city is much more enjoyable.

Our first day back on campus was met with an influx of second-year MBA students returning from their internships, first-year  MBA students part of the traditional 2 year program, part-time students from the Langone program, and even some lingering undergraduates who found themselves roaming the halls of the MBA classrooms. While it may be slightly harder to find a quiet study spot in the student lounges, the combined energy of all of the students on campus together truly captures the experience of an MBA. During our first week, club kickoff meetings and social events started immediately, along with corporate recruiting.

Over the summer I applied to be a VP of the Stern Technology Association, a professional club with a focus on technology. The club helps students with or without tech backgrounds learn about the benefits of having an MBA in the tech world and offers several unique immersion treks and recruitment opportunities for all of its members. I was interviewed by the current club leaders and am now the proud Co-VP of Academics and Collaboration along with another student from the Tech MBA program. In addition to the club’s scheduled programming, we are focusing on integrating the Tech MBA students with the rest of the club to share knowledge on interviews, casing, and general preparation for recruiting. The diverse backgrounds of both Tech MBA students combined with the traditional MBA students allow for a unique blend of knowledge that everyone can learn from.

Speaking of recruiting, I’ve been attending my first corporate presentations hosted by the Office of Career Development, or OCD, as you may hear it called around campus. Companies spend about an hour introducing themselves speaking about their culture, working styles, and development opportunities available to MBA students. Following the presentations, the events are typically opened up for casual networking to learn more about specific opportunities or your own compatibility with the firm. If you are interested, be aware that the application deadlines come quickly, and then interview invitations are sent out. Traditional industries such as finance and consulting typically recruit in the fall semester, while tech-oriented jobs wait until spring to come on campus.

While the summer was spent focusing on academics without the distractions of clubs and recruiting, networking with the additional students has been another way to learn about what career paths are available to us. They are also receptive and friendly to the one-year focused MBA students and are happy to see the specialized programs in place. There are new opportunities for the entire academic community to come together and be a part of a more inclusive, diverse network at Stern and even more to do.

Citi Ventures Project Kickoff

The moment we’ve all been waiting for is finally here… we kicked off our NYC Immersion summer project with Citi Ventures. Over the next few weeks, our cohort will be split out into small groups to brainstorm solutions to some of the city’s biggest problems. While we won’t be able to implement our solutions as part of our coursework in the next few weeks, the goal is to use design thinking methods to identify relevant problems and start quantifying them. Once we have identified a problem we would like to pursue, we will explore tackling it from a holistic, tech perspective and distill the business risks and opportunities into a presentation.

We met with thought leaders in the “smart city” space to help us identify unforeseen challenges in our ideas and to talk through current efforts underway that may help or hinder our work. New York, like any major metropolitan area, is full of opportunities for improvement. Cities are controlled by local governments and are often slower to implement major technology improvements primarily due to their heavy focus on tight budgets. My group was directed to focus on the government as our primary “customer.” That being the case, we’re exploring the ways in which we can create sustainable solutions that last for many years and are easy to sell to stakeholders with clear, quantifiable results.

The idea of a “smart city” sounds new and trendy, especially with projects in the works like Google’s Sidewalk Labs, however, cities have been undergoing massive technological improvements for generations. Nevertheless, this is the first time in modern history we’ve been able to combine the efforts of urban innovation with the internet. We are at a turning point in time when we can collect vast amounts of data, even if we don’t know what we’re going to do with it quite yet. This data includes metrics on the basics such as temperature, humidity, and air pollution, but also expands to micro levels including street-level noise and light pollution, traffic flows, and consumer behavior. Collecting this type of data today will allow data scientists in the short-term future to analyze this data to predict future trends, along with what kind of impact we can have on it. Successfully predicting the human impact on city-wide efforts allows us to focus our efforts on the most pressing tasks at hand.

As part of our NYC Immersion summer project, we are exploring some of the ways in which major cities are starting this process and how it will shape the future of business. While the primary consumers and collectors of this data are inherently municipal and public governments, the private sector is beginning to fund projects in the effort to solve societal problems with innovative, tech solutions while building positive brand associations. We are trusting companies to use this data to help solve everyday problems that ultimately benefit society and it will be fascinating to see how this plays out as new solutions are built.

My group is excited to kick off this phase of the summer project and we will be finalizing a version-controlled project charter this week. We have approximately 5 weeks left in the summer semester to complete this project and are looking forward to presenting our proposal to professors, business leaders, and team members at Citi Ventures.

Networking at Stern

It’s been a remarkably busy summer and it’s continuing to fly by. Summer in New York is certainly toasty, but we were lucky enough to get a 4-day weekend to cool off. A colleague in the Tech MBA program recently posted the following update on LinkedIn that really put things in perspective:

As of today, we have completed 6 weeks of Stern’s 1-year Tech MBA. During this time, we completed 5 courses, 30 assignments, 5 group projects, 5 immersions, 5 presentations and countless readings.

The volume of work that we’re completing over the summer semester is not trivial. We’re cruising through 18 credits and learning about several subjects including finance, leadership, strategy, big data, and economics. While we’re only scratching the surface of some of these subjects, the fall and spring semesters offer the opportunity to dive deeper into disciplines and specializations that we’re passionate about. I’m really enjoying this high-speed approach to learning. The classes are long, and the homework stream is constant, but it’s amazing what Stern professors can compress into six or twelve 3-hour classes when they are asked to.

We’ll be switching to a more “normal” grad school schedule once the fall semester begins. This means that classes will be taught through the entire semester and the pace of each class will be less accelerated. That being the case, other on- and off-campus activities will start gaining steam. The 2-year students will be back on campus from their internships (or just starting school at Stern) so the social outings are set to increase tenfold. Clubs will be packed with new members and the student government will be back together coordinating events. In addition to this, recruiting for specific industries begins in the fall and I’ll be seeing more of my classmates in their best interview attire between classes.

A large part of business school at Stern is spent meeting and networking with the NYU community including other students, alumni, and professors. While I was searching for the perfect MBA program, a constant theme was the quality of the network that I would have access to. I knew Stern had a large network, but I didn’t understand just how welcoming it would be. Connecting with the NYU community is encouraged regardless of who you’re reaching out to. From the first day of orientation it’s embedded into the culture that we are a strong community that supports each other during our time at Stern and long after we graduate. Apart from forming friendly connections within our cohort, we’re encouraged to reach out to Sternies who may be able to help us learn more about where we want to be or what we want to do, whether they are students in the other programs or recent alumni at our target companies.

Before I started at Stern, I was reluctant to actively network. I did what was required to thrive in my career, but rarely stepped out of my comfort zone. I felt somewhat awkward reaching out to people in a strictly professional manner, sometimes secretly hoping they could help me further my career. I assumed that if done incorrectly that it would come off as desperate, inauthentic, or self-promoting. My assumptions were quickly challenged – everyone I’ve reached out to has been thrilled to help me navigate the next year and upcoming recruiting season.

What I have learned is that networking is ultimately a two-way street. When I put myself in the shoes of a prospective mentor or if I were called upon to help a student, I would happily do so. Many working professionals enjoy sharing their experiences and relish helping students avoid making mistakes that they may have made. Often times, the advice they have to offer can only be given by someone who has lived through a specific unique experience. They will likely also be curious about what we are learning at Stern and how the landscape of MBAs is changing in real time.

Networking is a major piece of the business school experience and a large network offers opportunity. However, filtering through a large list of contacts to find the right mentors is up to you. Once you have identified who you would like to meet, whether it be through a school’s database or LinkedIn, reaching out to them in a clear and professional manner to ensure that you can create a mutually beneficial relationship is the next step. I’ve already made several connections through NYU and plan to continue to do so until graduation and beyond.

The Tech MBA: An Immersive Experience

When I first started exploring my MBA options, the Tech MBA at Stern stood out to me for a variety of reasons. One of the most prominent reasons was the immersion courses that take place in New York and Silicon Valley. We’ve only completed four full weeks of classes and have already had the opportunity to meet with several key players in the New York Tech ecosystem. (We’ve also finished two classes already, time is flying!)

Every Friday we sit down with business leaders and learn about their place in the tech industry. Our class gets to see a day in the life at prominent consulting firms, incubators, tech companies, and the like. Business leaders invite our class to their offices and present to us about the work that they do and the clients they work for. After each visit, I find myself having conversations with my classmates about which career paths feel the most desirable for us and if our post-graduation goals have changed. Oftentimes, even if our current goals are aligned with our original business school intentions, the new perspectives on tech in New York are invaluable in exploring what other opportunities may exist. An MBA from Stern is an impressive credential to add to a resume and meeting industry leaders has proven that new doors are being opened for all of us.

Our first visit was to General Catalyst, a venture capital firm that invests in tech companies. Our second visit was to Deloitte Digital, the firm’s digital arm. The third was an exercise in Design Thinking with Anne-Laure Fayard, a professor from the Tandon School of Engineering where we explored methods of design thinking and ended the day with prototypes of solutions to improve the lives of commuters in New York. Finally, just last Friday, we learned about how many entrepreneurial resources there are for Stern students who are planning on starting a venture during or after their MBA.

The opportunity to ask questions about what it’s like to work inside and outside of these firms and how they integrate within the city’s environment is a great way to go beyond the classroom. Seeing our lessons from classes put into practice by forward-thinking companies connects our academic experiences with the real world. The more we explore and network our way through the city, the more we find NYU connections and opportunities. Somehow, it’s like NYU has found a way to integrate themselves within every part of the city, they’re everywhere!

Participating in this immersion-style course as part of the Tech MBA has provided our class with opportunities to learn about the New York tech ecosystem, network with industry experts and leaders, and explore different career opportunities in the New York area and beyond. Throughout the rest of the summer, we’ll be starting our work with Citi Ventures to continue to innovate and build new solutions for the city’s challenges. All of these opportunities were strictly available to us thanks to our location in the city, and I’m happier than ever to be here.

Moving to New York

When I was researching which MBA programs I wanted to apply to, picking the right location was a top priority for me. I narrowed down my destinations to cities on the east coast and New York quickly became a strong contender. As I was starting my applications, NYU announced their new Tech MBA program. As I learned more about the program it was clear to me that it was the right fit for my professional goals. Since starting the program just three weeks ago, I’m glad to say my decision has been validated and I’m thankful to have been accepted. One of the best reasons to attend Stern is its prime location in New York and the growing tech ecosystem surrounding the school.

I had never lived in a city as large as New York but adjusting to the lifestyle was fairly straightforward. However, finding a place to live in New York is tough. The rental real estate market is competitive, and apartments move quickly. Many of my classmates used brokers to find a place to live, but I was determined to find an apartment without one. (This also saved me paying about a month’s rent to a realtor to unlock the door…) While searching for apartments, I was very impressed with Streeteasy and its ability to sort by “no-fee” listings. I ended up with a killer apartment in Washington Heights. The commute is a little bit longer than I’d like it to be, but the rent is a bargain, and the view of the George Washington Bridge is phenomenal.

If you ultimately choose Stern for your MBA, I highly recommend leaving your current job a few weeks early to adjust to life in New York. Depending on where you’re coming from and familiarity with the city, the adjustment can take a few weeks and you’ll need to learn where the closest places are to do laundry, shop for groceries, or catch the subway.

It would be an understatement to say I was pleasantly surprised with the inaugural Tech MBA class. We organized a quick meet up at an indoor beer garden before orientation began and got to know each other and learn about our past roles and future goals. A few days later during our formal orientation, I met some more of the smartest, most humble group of classmates I could have asked for. Stern prides itself for assessing emotional intelligence as part of their application process – and it shows. We also got to meet several current students in the full-time 2-year program and alumni who worked in our target industries, all within the first 48 hours of being in the same room. I can’t wait to see how the power of Stern’s network shapes my career in the future. The collaborative nature is ingrained on our first day of orientation and has a ripple effect throughout the entire school.

I’d be lying if I said reading textbooks and doing problem sets was “fun” in the traditional sense. The accelerated pace of the Tech MBA program will inundate you with plenty of pre-work to complete before each class begins and homework between classes. Each class has been twice a week, three hours each, and require your full presence and engagement. However, if you weren’t prepared to study hard and truly learn business concepts through immersion, you wouldn’t be considering Stern to begin with.

The flip side of this is great. While Sternies work hard, they play hard, too. Our class has organized plenty of outings since we arrive in New York, ranging from rooftop barbecues to happy hours after a long day (or week) of classes. We’ve also already visited a few big players in the New York tech industry, I’ll be sure to detail those experiences in my future blog posts – stay tuned!